Senate Bill No. 742

(By Senators Craigo, Anderson, Bailey, Chafin, Helmick, Jackson, Love, Macnaughtan, Plymale, Prezioso, Sharpe, Walker, Boley, Dugan, McKenzie, Minear and Sprouse)

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[Originating in the Committee on Finance;

reported February 24, 1998.]

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A BILL expiring funds to the unappropriated balance in the state fund, general revenue, for the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-eight, in the amount of four million dollars from the abandoned property claims trust, account no. fund 1324, fiscal year 1998, organization 1300, activity 099.

Whereas, The Legislature finds that the account balance in the abandoned property claims trust, account no. fund 1324, fiscal year 1998, organization 1300, activity 099, exceeds that which is necessary for the purposes for which the account was established; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of funds available for expenditure in the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-eight, to the abandoned property claims trust, account no. fund 1324, fiscal year 1998, organziation 1300, activity 099, be decreased by expiring the amount of four million dollars to the state fund, general revenue, to be available for further and additional appropriation.
The purpose of this bill is to expire the sum of four million dollars from the abandoned property claims trust, account no. fund 1324, fiscal year 1998, organization 1300, activity 099, to the unappropriated balance in the state fund, general revenue, for the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-eight, to be available for further and additional appropriation.